Saturday, February 15, 2014

Consumers will foot protest bill of $100k a day, says Santos | The Australian

Consumers will foot protest bill of $100k a day, says Santos | The Australian

SANTOS has warned that protests at its Narrabri Gas Project in NSW -- where seven activists were arrested this week -- are forcing delays and adding costs to its development that will eventually flow to the end user.
James Baulderstone, who heads up Santos's East Coast business, said it cost $100,000 for each day the company was held back from working on the coal-seam gas project in the Pilliga state forest.
 Santos are trying to set up a Gasfield some 860 wells in number, plus pipelines, plus compressor stations, plus power plant (all with fire ban exemption) and New South Wells Government collusion...

1 comment:

  1. The big week for oil profits and the possible start of a changing of the guard


    Monday, 17 February 2014


    IT IS a good thing investment banks do not take their projections for the performance of the oil industry beyond next year because if they did Slugcatcher suspects investors might see a changing of the guard with Santos displacing Woodside as Australia’s biggest oil company.

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